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In a startling report, the FHFA's inspector general said that the Home Loan banks extended credit to firms on the brink of failure, in part to make up for declining advances.
June 28 -
Seven months after it was created through the merger of Nara Bancorp and Center Financial, BBCN (BBCN) Bancorp in Los Angeles has repaid the funds its two predecessor companies received from the Troubled Asset Relief Program.
June 27 -
The House took a key step June 27 toward passing bipartisan legislation that would end a rash of lawsuits over missing ATM fee disclosure signs.
June 27 -
Dubious stress test results? External auditors who fail to flag insolvency in advance? The U.S. and U.K. have seen this film before.
June 27
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The measure, which the bank industry is seeking to end a spate of lawsuits over missing fee-disclosure signs on ATMs, is now on a path to speedy passage by the House.
June 27 -
Unlike last summer, deposit levels have been relatively stable recently as the euro crisis has reached a new crescendo. Either the most nervous money has already fled to the shelter of the bank safety net, or tensions are only just building.
June 27 -
Banks and government agencies face several problems with their plans to rent out their backlog of foreclosed homes, especially if they try to securitize those rentals, according to Morningstar Credit Ratings.
June 27 -
From the CFPB to the FSOC to New York's ban on large soda cups, followers of behavioral theory have gone overboard in their rabid enthusiasm for governmental manipulation.
June 27
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The Federal Reserve is taking another step to reach out to the public — this time it's educators. The Fed Chairman will sit down for a town hall meeting with teachers in August.
June 27 -
The FDIC's Thomas Hoenig said on a Bloomberg radio program that directors with an appearance of conflicts should relinquish seats on Fed bank boards. The remarks follow others' calls for JPMorgan Chase CEO Jamie Dimon to give up his board seat.
June 27






